Lancaster

Why you'd want to live in Lancaster

Lancaster, Pennsylvania, is a vibrant city known for its rich history and cultural diversity. It serves as the heart of Pennsylvania Dutch Country and offers a unique blend of urban and rural living. The city is home to numerous historical sites, including the Central Market, which is one of the oldest continuously operating farmers’ markets in the United States. Residents can enjoy a variety of cultural events, art galleries, and theaters that contribute to a lively community atmosphere. Additionally, Lancaster boasts a strong sense of community with various local festivals and events throughout the year. The area also features beautiful parks and outdoor spaces for recreational activities. The city’s strategic location provides easy access to major highways, making it convenient for commuting to nearby cities such as Philadelphia and Harrisburg.

Lancaster Market Report

$470,251

AVERAGE PRICE OF 587 HOMES

$177,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,140,346

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

$592,237

AVERAGE PRICE OF 66 NEWLY BUILT HOMES

$1,588,557

AVERAGE PRICE OF 7 HOMES WITH A POOL

$302,315

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $470,251
Avg Bedrooms 2.15 beds
Avg Bathrooms 1.51 baths

Average Price by Bedrooms

1 bedroom $242,500
2 bedrooms $290,544
3 bedrooms $343,925
4 bedrooms $548,265
5 bedrooms $696,785
Lancaster Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 573 578 648 678 721
Average Price $441,375 $428,305 $436,376 $444,770 $453,877
Avg Price Change +3.05% -1.88% -1.92% -2.05% -1.98%
Median Price $315,912 $310,246 $319,420 $324,426 $319,128
Med Price Change +1.83% -2.96% -1.57% +1.66% -1.45%
Avg Bedrooms 2.08 beds 2.05 beds 2.1 beds 2.33 beds 2.19 beds
Avg Bathrooms 1.45 baths 1.44 baths 1.49 baths 1.63 baths 1.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Manheim Township 53 $527,620 199 days
Total Homes Average Price Avg Days on Site
All Homes 587 $470,251 126 days
Distressed Homes 2 $177,450 125 days
Multi-Million Dollar Homes 46 $2,140,346 158 days
Newly Built Homes 66 $592,237 194 days
Homes with a Pool 7 $1,588,557 81 days
Reduced Price Homes 17 $302,315 50 days
James Dunn Team - Iron Valley Real Estate of Lancaster
James & Cindy Dunn
1834 Oregon Pike - Suite 11
Lancaster, PA 17601
cell: 717-333-5987
office: 717-740-2221
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